{"id":1453,"date":"2014-02-12T00:15:46","date_gmt":"2014-02-12T08:15:46","guid":{"rendered":"http:\/\/www.cultofmoney.com\/?p=1453"},"modified":"2014-02-12T10:05:36","modified_gmt":"2014-02-12T18:05:36","slug":"3-overlooked-things-to-consider-before-quitting-your-day-job","status":"publish","type":"post","link":"https:\/\/www.cultofmoney.com\/3-overlooked-things-to-consider-before-quitting-your-day-job\/","title":{"rendered":"3 Overlooked Things to Consider Before Quitting Your Day Job"},"content":{"rendered":"
<\/a>Moving from a boring, unfulfilling day job to working for yourself is an awesome and satisfying experience. However, there\u2019s so much more to consider than just the financials when you\u2019re thinking of making the switch. (Although being in a good spot financially is a MUST.)<\/p>\n Now that I\u2019m in my fourth month of working for myself I feel like I have a better perspective on some aspects of self-employment that I once didn\u2019t consider. Here are three factors that may have crossed my mind at some point but that I didn\u2019t weigh heavily enough.<\/p>\n <\/p>\n Last week was kind of a whirlwind for me. We got hit with a major snow and ice storm. There was no possible way I could\u2019ve taken my girls to the babysitter for a few hours like I normally do. This meant my only uninterrupted work was when the girls were asleep. To top off working with a three and five year old by my side my brother\u2019s wife went into labor meaning my nephew was coming to stay with me.<\/p>\n I ended up keeping my six year old nephew from Tuesday through Thursday. While the kids were pretty well behaved the majority of the time, they still made working a hard thing to do.<\/p>\n Then on Saturday I started feeling rough \u2013 really rough<\/i>. Saturday, Sunday, and Monday were spent in bed. Tuesday I started to feel more like my normal self so I took the girls to the babysitter for a few hours and started to catchup on my work.<\/p>\n I try to do the majority of my work ahead of time and now I\u2019m so glad I do. Those three days down would have screwed me if I\u2019d waited last minute to get my assignments done.<\/p>\n If you\u2019re self-employed and get sick you might not be able to take a break to recoup \u2013 especially when you have several clients. Sure, a few clients are awesome and would totally understand, but then there are others who expect you have your work in on time, all the time \u2013 no exceptions. \u00a0This is a big change from side hustling<\/a>, where you still have your day job.<\/p>\n <\/p>\n Before I quit my day job I\u2019d take just about any freelance job that fit my skillset. I wanted to gain experience and I wanted my monthly income number to be as high as possible. Therefore, I\u2019d stay up all hours of the night writing tons of articles for a client who paid me well below my asking rate.<\/p>\n However, since this particular client supplied me with a lot of work I thought that accepting a price a lot lower than I normally would was a good idea. Boy I was wrong.<\/i> He completely tore apart a lot of articles I wrote for him. And, it blew me away.<\/p>\n What I\u2019ve come to find out is that every time I negotiate my rates I end up with a client who wants more and more for less and less.<\/b><\/p>\n This is something that you\u2019ll probably have to figure out on your own. My advice would be figure out who your really good clients are, and drop the rest. Even though I now have less clients than I did before my income is slowly growing and I\u2019m faced with less stress.<\/p>\n <\/p>\nWork Ahead \u2013 There Are No Sick Days<\/h3>\n
You Have to Stick to Your Guns<\/h3>\n
You Shouldn\u2019t Compare Your Success to Someone Else\u2019s<\/h3>\n